+63 more

$930,000

509-513 Beech Street, Scranton, PA 18505

12 baths

7,994 sqft

Description

Prime Investment Opportunity - Fully Leased Mixed-Use Buildings Don't miss this exceptional opportunity to own two well-maintained, income-producing mixed-use buildings in a high-visibility location. These fully rented properties at 509 and 513 Beech Street offer immediate cash flow and long-term investment potential.

Supplements: 509 Beech Street features 6 residential apartments and 2 street-level commercial storefronts, currently occupied by a Grocery Store and a Barber Shop. 513 Beech Street includes 4 residential apartments. Three residential units are on month-to-month leases, offering flexibility for rent adjustments or tenant updates. The buildings boast semi-modern kitchens and baths, with finished square footage totaling nearly 8,000 sq ft. Tenants cover their own electric; landlord covers electric for common areas, including laundry and exterior lighting. On-site parking for 10 vehicles, plus ample on-street parking. These properties are ideal for investors looking for reliable cash flow with value-add potential through future renovations or lease restructuring.

More Information

Property Sub Type: Mixed Use

Realtor.COM Type: Commercial

Aprx Total SF: 7994

Year Built Age: 51 - 75 Yrs

Lot Size: 190x50

# Acres: 0.21

# Spaces Off-Street: 10

Total Bathrooms: 12

Environmental Survey: N

Current Price: $930,000

List Price: $930,000

List Date: 2025-06-18

For Sale: Y

Limited Service: No

House # (1): 509-513

Street Name: Beech

Street Suffix: Street

City (Post Office): Scranton

State/Province: PA

Zip Code: 18505

MLS Area: Misc Out of County

County: Lackawanna

Municipality: Scranton City

Develop/Subdivision: None

School District: Other - See Remarks

Directions: Pittston Ave in South Scranton towards Moosic. Left on Beech Street

Status: Active

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Electric Baseboard; Steam AC Type: None Water: Public Sewer: Public Exterior: Brick Condition: Good Roof: Rubber Property Features: Basement; Established Business; Rest Rooms; Storage - Inside Present Use: Apartments; Business Ceiling Height: Up to 8'0' Included in Sale: Land; Building